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11/16/2013

So you don't get to keep your doctor?: Now thousands of doctors are being dropped from insurance plans

Remember the promise about being able to keep your doctor? Did you want to keep your doctor? Well, they were probably subpar too, right? Obama is just protecting you from those subpar doctors. From Reuters:

The insurer said in October that underfunding of Medicare Advantage plans for the elderly could not be fully offset by the company's other healthcare business. The company also reported spending more healthcare premiums on medical claims in the third quarter, due mainly to government cuts to payments for Medicare Advantage services. . . .

The insurer told the WSJ that its provider networks were always changing and that it expected its Medicare Advantage network to be 85 percent to 90 percent of its current size by the end of 2014. . . .